Wesley Snipes Seeking a New Trial on Tax Fraud Prison Sentence


Actor Wesley Snipes is fighting for a new trial in his tax evasion conviction. This new fight began after Kenneth Starr, Snipes' old financial advisor, was charged with securities fraud after allegedly stealing $59 million from celebrity clients.


Snipes and his attorneys are arguing that Starr's charge in May justifies their request to throw out the original conviction. Starr is accused of defrauding other celebrity clients, including Sylvester Stallone. Starr was also one of the key witnesses in the trial that sent Snipes to prison. Snipes was convicted and sentenced to prison in 2008 on tax fraud charges.

I was surprised to see this happen to Wesley, but he isn't the only celebrity in recent years to have serious financial trouble. Even the great Nicolas Cage sued his business manager for $20 million after it was discovered that he owed $6 million to the IRS. Cage is also known to spend lavishly, owning several mansions and even a castle. At the same time, when you trust a business manager to do your taxes, apparently you never know what you are getting into. Perhaps Snipes truly didn't know that Starr was managing his affairs so poorly, and the "tax evasion" was no evasion at all. The time and the courts will tell.

Dr. Boyce Watkins is the founder of the Your Black World Coalition and the author of the new book, "Black American Money." To have Dr. Boyce commentary delivered to your email, please click here.

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